News Disney plans to accelerate Parks investment to $60 billion over 10 years

[Andrew C]

I don't know. I think even upper middle class is going to rethink extravagant vacation spending, or at least reduce the amount of trips taken. Expect a lot more special offers over the next couple of years, if things stay the current course.

What current course? I see a market reaction to new policy. We will see in the coming months how it all adjusts....

 

[Disstevefan1]

I’m not sure how many years you will continue to display that you don’t understand what their market is?

I am not sure how many years I have left but I am thankful you are here to continue to correct me

In my opinion -

We have been discussing about the short sighted, money grab things WDW has been doing for decades here.

People with money will continue to spend it, and spend it at WDW.

I am personally still waiting for a time when I go to WDW and its not crowded.

 

[Sirwalterraleigh]

I have a similar take, this is a blip on the radar, it’s a bunch of egos butting heads to show how big and powerful they are, none of them want the consequences though, and this will hurt EVERYONE, give it a couple days and we’ll start to see all the agreements, concessions, and compromises that will allow everyone to claim victory.

The last 20 years agree with you

But there’s a wildcard in this too

 

[aladdin2007]

Yes. That should not be a difficult concept. A little bit of short term pain for a long term return. Something that is completely foreign to most people and especially former administrations as they all just kicked the can down the road while we slowly but surely headed to economic ruin (something both parties are guilty of). That's why I keep telling people to buy the dip. My company and some of our partners in the manufacturing side are projecting serious future growth. It can't happen overnight like opponents of the current administration think it can but our future models look amazing. Some of these tariffs are heavy handed and dumb sure, but it's preposterous to me that the rest of the world is allowed to tariff us on everything but the US isn't allowed to fight back or respond. By the end of Q4 you'll start seeing some of these policies paying off.

Back to Disney, they're ran by so many bean counters that I guarantee they see what's happening too. That's why I fully expect these projects to move forward (despite how dumb they are) because they know we will be on the other side of all this in no time. Disney will inevitably slash the budget on most of what they're building but that is because they are Disney, not because of who is in the White House. Buy the dip

spot on

 

[Batman'sParents]

I don't know. I think even upper middle class is going to rethink extravagant vacation spending, or at least reduce the amount of trips taken. Expect a lot more special offers over the next couple of years, if things stay the current course.

The telling sign will be if Tables In Wonderland is somehow revived. If they do that it means they are struggling to fill their dining as a whole.

 

[ToTBellHop]

I want whatever delusion you're having.

That’s not a delusion.

 

[Andrew C]

I have a similar take, this is a blip on the radar, it’s a bunch of egos butting heads to show how big and powerful they are, none of them want the consequences though, and this will hurt EVERYONE, give it a couple days and we’ll start to see all the agreements, concessions, and compromises that will allow everyone to claim victory.

The opinion out there by some is that we cannot solely be a service economy moving forward, as it won't last. Leads to negative consequences: Becoming dependent on others for products we need, contributes to income inequality, makes us more vulnerable to economic downturns...Hence, they believe an adjustment is necessary, even if it comes with short term pain. The debate on this will continue, but it seems we are on the path right now that this opinion will either be proven right...or wrong. Good times. lol

 

[Lilofan]

The economic illiteracy here is astounding. If you're smart you will buy the dip now and thank me later. Without turning this into a politics crap fest I will just say that if you're actually involved in manufacturing/business ownership/etc things are looking GREAT right now and I think Disney/Universal know this. I fully expect whatever hairbrained ideas Disney has cooked up to keep rolling because the domestic private jobs (non government) numbers are already way up and we're expecting to see a sizeable increase in domestic manufacturing. That means more money for people to travel and visit WDW. By the end of the year we are projecting a serious boom in the US economy because we have the capability of not being blinded by who the president is and can see what real policy is being made other than dumb grabby headlines with pictures of the markets. If the economy doesn't boom like I'm predicting I'll livestream a video of me eating a Mickey Mouse hat. Buy stocks now.

You don't have free speech in the UK and can be jailed for social media posts. You might want to sit this one out and figure your own country out first old chap.

Easier said than done if you have enough liquid to buy on the dip . Many investors net worth and or 401K are taking heavy hits in the last few weeks.

 

[Lilofan]

And all the vessels are flagged in the Bahamas so they aren't really "domestic" even if they use US ports.

Cruise ships are flagged in ( ie Bahamas ) to avoid dealing with US labor laws. Disney isn’t the only player in this game.

 

[Tha Realest]

IDK, but considering what they promised with the 10 years parks plan, Disney will have some explaining to do at D23 2026 and D23 2028.

They’ll dust off the emails all those companies sent us in 2020. “Due to the changing economic landscape…”

 

[Tha Realest]

So, we're talking about real world events having a very real affect on not only Disney parks, but all parks, and you want to already prepare in advance an argument that Disney will slow or stop building because of some made-up excuse?

And you think the economic woes which have only started this week has anything to do with a DVC build started half a year ago?

And you think that Universal, already experiencing "value engineering" because of Comcast's financial woes is going to forge ahead because they're the good guys and would never cut back on their offerings even in an economic downturn?

Again, you're tripping over yourself in your mad rush to score points against Disney and your posts are blathering nonsense.

Weren’t you the one scoffing at people mentioning the prospect of a recession for the past few years? Take a seat champ.

 

[co10064]

Maybe I’m naive, but I’m still of the opinion that we don’t know how bad things will be economically for a few more months.

When Disney slow rolled and cancelled its last slate of parks projects during COVID, at least part of the explanation given was making Disney+ profitable. Money wasn’t being generated from the entertainment wing of the company, but the parks continued making money once reopening was possible.

Disney+ is now profitable, and even if net profit isn’t as grand for TWDC in this new economic state, they will *still* be profitable.

If they were wise, they would continue the current parks investments. Parks are their biggest money maker, and that’s not going to change. Sure, maybe the budgeted amount won’t buy as many new attractions, but cutting the budget shouldn’t be the response. Just my two cents.

Maybe Emperor Palpatine Bob Iger will go away again and magically return to save the day in 3 years.

 

[MisterPenguin]

Rivers of America saved?!?

Maybe just the first part. Second looks sketchy.

 

[Sirwalterraleigh]

They are indeed, made with EU steel. They are further foreign flagged and sheltered. They don’t diversify the company from a recession impacting travel and tourism, but the margins and booking on DCL is disgusting (like a positive disgusting if you are an executive) and so they really don’t seem at risk of having abundant slack capacity anytime soon.

They could face targeted measures that would be different than tariffs, think more like a tax for home porting in the US, but they are actually a good maneuver in this current economic environment. A Texas cheap kiddie park TBD.

Rust belt history: west German and Japanese steel was the catalyst for the industrial decline that started 55 years ago and is just coming to ahead today…

The point? I’m accused of saying I always predict Disney will decline…which is assured…sometimes the timeline is shockingly long

 

[Basil of Baker Street]

Help me, (B)Obi-Wan Kenobi, you're my only hope.

You can't retire now.

 

[Jrb1979]

Good luck to them. I’ve said my piece enough that I’m not a fan. Regional parks don’t exactly have stellar records In recessions.

12$ doesn’t pay the bills.

$12 a month is how they get those people in the parks. Once they are in the door, the money is made in merch and food. Similar to how the Disney parks worked til Bobby came along.

It makes sense why you feel the way you do in regards to the Universal Texas Park. For people here regional parks are like cheap road side attractions and they cheapen your brand.

Unfortunately looking at different media outlets, some regional parks are right up there with Disney and Universal.

 

[Sirwalterraleigh]

Maybe I’m naive, but I’m still of the opinion that we don’t know how bad things will be economically for a few more months.

When Disney slow rolled and cancelled its last slate of parks projects during COVID, at least part of the explanation given was making Disney+ profitable. Money wasn’t being generated from the entertainment wing of the company, but the parks continued making money once reopening was possible.

Disney+ is now profitable, and even if net profit isn’t as grand for TWDC in this new economic state, they will *still* be profitable.

If they were wise, they would continue the current parks investments. Parks are their biggest money maker, and that’s not going to change. Sure, maybe the budgeted amount won’t buy as many new attractions, but cutting the budget shouldn’t be the response. Just my two cents.

Maybe Emperor Palpatine Bob Iger will go away again and magically return to save the day in 3 years.

Not a ridiculous stance at all…except rough waters ahead for streaming…

But the problem it goes against the terrible management moves over the last 10+ years by people still in place who will leave

Napoleon won’t abdicate

 

[BrianLo]

View attachment 851573

Hey, I think that’s my picture!

 

[Sirwalterraleigh]

$12 a month is how they get those people in the parks. Once they are in the door, the money is made in merch and food. Similar to how the Disney parks worked til Bobby came along.

It makes sense why you feel the way you do in regards to the Universal Texas Park. For people here regional parks are like cheap road side attractions and they cheapen your brand.

Unfortunately looking at different media outlets, some regional parks are right up there with Disney and Universal.

Oh…this one might be stretching it.

$24 vhs and $6 a month Disney channel and $5 movie tickets got people into the parks…worked like a charm

But people could afford to get to the parks. That pool has a leak in it that drains more every day. No matter what Steve insists.
Cause “data” and stuff like that

 

[BrianLo]

$12 a month is how they get those people in the parks. Once they are in the door, the money is made in merch and food. Similar to how the Disney parks worked til Bobby came along.

It makes sense why you feel the way you do in regards to the Universal Texas Park. For people here regional parks are like cheap road side attractions and they cheapen your brand.

Unfortunately looking at different media outlets, some regional parks are right up there with Disney and Universal.

Some regional parks ARE great, but this is a small children’s regional park.

They’ve spent almost 25X more on Epic than Universal Kids. So in the grand scheme of things even if I’m terribly wrong, the upside on this one is about a 1/3rd of a cruise ship. It’s a sneeze in a hurricane.